Project Summary
Yala is a Bitcoin-native asset protocol designed to bridge Bitcoin’s liquidity to multi-chain ecosystems via $YU, a USD-pegged stablecoin backed by Bitcoin (BTC). By addressing Bitcoin’s script functionality and scalability limitations, Yala transforms Bitcoin from a store of value into a robust DeFi infrastructure through a modular architecture and decentralized indexer network.
Core Objective: Unlock Bitcoin’s liquidity across multi-chain ecosystems through the $YU stablecoin and $YALA governance token, enabling decentralized finance (DeFi) and real-world asset (RWA) applications.
Key Features
1. $YU Stablecoin:
– Backed by BTC, enabling users to mint $YU for cross-chain DeFi and RWA investments.
– Allows users to earn yields without selling or transferring BTC ownership.
2. Operation Modes:
– Lite Mode: User-friendly for beginners, with one-click operations and automated loan-to-value (LTV) management to minimize liquidation risks.
– Pro Mode: Offers advanced users full control over $YU liquidity and yield strategies.
3.Cross-Chain Interoperability:
– Supports Bitcoin liquidity on non-EVM chains (e.g., Solana) via atomic swaps and modular design.
4. Yield and Stability:
– Enables participation in DeFi protocols (e.g., Kamino, Raydium) and RWA investments.
– Maintains protocol stability through stable pools and liquidation mechanisms.
5. NFT and Ecosystem Incentive:
– Genesis NFTs (10,000 total, Soul Bound, non-transferable) tie user identities to future ecosystem rewards and airdrops.
الهندسة المعمارية الفنية
– Modular Design: Comprises application, consensus, data availability, execution, and settlement layers for secure and efficient financial transactions.
– Partners: Collaborates with Nubit (Bitcoin-native data availability layer), Babylon (BTC staking protocol), and Tokentable (airdrop distribution) to enhance security and community engagement.
– Decentralized Indexers and Oracles: Facilitate efficient cross-chain operations and data processing.
$YALA Token
– Total Supply: 1 billion (fixed).
– Allocation:
– Investors (15.98%): 1-year lockup, 18-month quarterly release.
– Ecosystem & Community (20%): 45% unlocked at TGE, 55% linear release over 24 months.
– Foundation & Treasury (29.12%): 30% unlocked at TGE, 1-year lockup, 36-month linear release.
– Marketing (10%): 20% unlocked at TGE, 1-year lockup, 24-month linear release.
– Team (20%): 1-year lockup, 24-month linear release.
– إنزال جوي (3.4%): One-time distribution to early users, testnet participants, and Yeti Footprints contributors.
– Market Makers (1.5%): Released per protocol agreements.
– Utility: Governance, incentives, and ecosystem expansion to activate Bitcoin liquidity.
– Listing: Launched on Binance Alpha platform on July 22, 2025, with airdrop participation via Alpha points.
المعالم البارزة
– May 2024: Testnet Beta launched, engaging 1.72 million testnet Yetis.
– September 2024: Mainnet launched, integrated with Solana’s Kamino and Raydium.
– July 2025:
– Released Genesis NFTs (first 2,000 issued), tied to future rewards.
– Lite Mode Phase 2 launched with a 10% fixed APR and $2M deposit cap.
– June 2025: Planned transition to DAO governance.
– Future Goals: Expand multi-chain support and optimize Bitcoin DeFi infrastructure.
Advantages and Use Cases
– Security: Leverages Bitcoin’s security model with over-collateralization to minimize risks.
– User-Friendly: Lite Mode lowers DeFi entry barriers; Pro Mode caters to advanced users.
– Multi-Chain Ecosystem: Supports non-EVM chains (e.g., Solana) via cross-chain bridges like Wormhole.
– Community-Driven: Encourages participation through NFTs and airdrops.
References : whitepaper
